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Question 3.1 Accounting Part 1: Part 2: Part 3: Answer the parts correctly for a Like! Current Attempt in Progress It costs Sheffield Company $26
Question 3.1
Current Attempt in Progress It costs Sheffield Company $26 per unit ($18 variable and $8 fixed) to produce its product, which normally sells for $38 per unit. A foreign wholesaler offers to purchase 5200 units at $21 each. Sheffield would incur special shipping costs of $2 per unit if the order were accepted. Sheffield has sufficient unused capacity to produce the 5200 units. If the special order is accepted, what will be the effect on net income? $15600 increase $93600 increase $5200 increase $5200 decrease Marigold Corp. had actual sales of $800000 when break-even sales were $480000. What is the margin of safety ratio? 33% 60% 40% 67% Variable costs for Waterway Industries are 60% of sales. Its selling price is $90 per unit. If Waterway sells one unit more than break- even units, how much will profit increase? $36 $108 $150 $54 Accounting
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